ASEAN-6/China chartbook: Flourishing trade
- ASEAN - China bilateral trade ties have grown tighter over the past two decades
- ASEAN is now China’s biggest trading partner, overtaking EU in 2020
- We expect goods trade to continue flourishing, with the RCEP providing a boost
- Vietnam should remain a beneficiary of global MNCs’ desire to diversify their supply chains
- China is reliant on ASEAN for fuels, agricultural goods, and electronics
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